BVS vs SYK vs BSX Stock Comparison

Bioventus, Stryker and Boston Scientific Prices as of Oct 26, 2026 Peers: Industry group
BVS Bioventus Inc.
$14.72 +6.6% 1M +112.1% 1Y
Market cap
$976.64M
P/E
17.9x
Revenue (TTM)
$581.85M
Div. yield
–
Medical Devices Healthcare
4 wins
SYK Stryker Corp
$306.33 +12.4% 1M -19.8% 1Y
Market cap
$115.68B
P/E
31.0x
Revenue (TTM)
$25.84B
Div. yield
–
Medical Devices Healthcare
4 wins
BSX Boston Scientific Corp
$45.60 +3.8% 1M -54.9% 1Y
Market cap
$66.09B
P/E
18.0x
Revenue (TTM)
$21.00B
Div. yield
–
Medical Devices Healthcare
3 wins

Head to Head

11 decided of 12

Stryker leads on 4 of the 12 questions below (Stryker 4, Bioventus 4, Boston Scientific 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBVSSYKBSXLeader
Larger companyMarket capitalisation $976.64M $115.68B $66.09B SYK
Cheaper on earningsLower P/E, profitable companies only 17.9x 31.0x 18.0x BVS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.6x 19.3x 14.6x BSX
Faster revenue growthRevenue growth, trailing twelve months +3.1% +8.5% +13.5% BSX
More profitableNet margin, trailing twelve months 9.4% 14.4% 17.5% BSX
Better return on capitalReturn on invested capital 11.3% 10.5% 10.5% BVS
Less leveragedLower net debt / EBITDA 2.1x 1.7x 2.2x SYK
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +112.1% -19.8% -54.9% BVS
Better 5-year returnAnnualised price return, 5 years -0.3%/yr +2.7%/yr +0.8%/yr SYK
Less volatileAnnualised volatility, 1 year 50.8% 30.6% 40.0% SYK
Higher overall scoreMean of the five percentile scores vs peers 72/100 69/100 69/100 BVS

Percentile Scorecard

BVSSYKBSX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBVSSYKBSX
Valuation 94 #15 of 228 67 #76 of 228 89 #27 of 228
Growth 93 #17 of 221 66 #77 of 221 86 #33 of 221
Profitability 90 #22 of 208 89 #23 of 208 91 #19 of 208
Financial Health 28 #172 of 239 48 #124 of 239 42 #140 of 239
Shareholder Returns 54 #63 of 137 77 #33 of 137 39 #84 of 137
Overall 72 69 69
  • BVS ranked among 248 companies in Medical Devices and Diagnostics
  • SYK ranked among 248 companies in Medical Devices and Diagnostics
  • BSX ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBVSSYKBSXSPY
1 month +6.6%+12.4%+3.8% -0.8%
3 months +18.2%-9.0%+0.2% +3.5%
6 months +47.1%-6.9%-23.9% +7.0%
Year to date +97.8%-12.8%-52.2% +12.2%
1 year +112.1%-19.8%-54.9% +13.0%
3 years +347.4%+17.0%-7.9% +86.3%
3 years, per year +64.8%+5.4%-2.7% +23.1%
5 years -1.7%+14.1%+4.3% +68.6%
5 years, per year -0.3%+2.7%+0.8% +11.0%
10 years —+178.8%+106.4% +258.0%
10 years, per year —+10.8%+7.5% +13.6%

Risk

MeasureBVSSYKBSXSPY
Volatility, 1Y 50.8%30.6%40.0% 12.7%
Downside volatility, 1Y 47.6%31.8%47.1% 12.7%
Beta vs S&P 500, 1Y 0.630.120.14 1.00
Return / volatility, 1Y 2.21-0.65-1.37 1.02
Max drawdown, 5Y -94.5%-33.1%-61.6% -25.4%
From 52-week high -3.5%-20.9%-56.6% -1.8%
52-week high $15.26$387.46$104.98 $779.14
52-week low $6.53$269.88$41.57 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBVSSYKBSX
P/E now vs peer median 18.3xmedian 30.6x 31.5xmedian 30.6x 18.2xmedian 30.6x
P/S now vs peer median 2.1xmedian 3.0x 4.5xmedian 3.0x 3.1xmedian 3.0x
EV/EBITDA now vs peer median 14.1xmedian 17.5x 19.1xmedian 17.5x 14.0xmedian 17.5x
P/FCF now vs peer median 13.1xmedian 23.3x 25.0xmedian 23.3x 18.2xmedian 23.3x
P/B now vs peer median 4.5xmedian 2.4x 4.9xmedian 2.4x 2.6xmedian 2.4x
PEG now vs peer median 0.62median 0.87 2.85median 0.87 0.30median 0.87

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBVSSYKBSX
Revenue $581.85M $25.84B $21.00B
Gross profit $399.45M $16.79B $14.68B
Operating income $58.28M $5.53B $4.15B
Net income $61.48M $3.73B $3.67B
Free cash flow $94.29M $4.70B $3.63B
R&D $11.57M $1.66B $2.15B
EPS (diluted) $0.77 $9.66 $2.49
Cash & equivalents $29.46M $3.39B $539.00M
Total debt $248.45M $14.94B $12.62B
Shares (diluted) 70.84M 386.00M 1.47B
Enterprise value $817.93M $101.79B $60.86B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBVSSYKBSX
P/E 18.3x 31.5x 18.2x
P/FCF 13.1x 25.0x 18.2x
P/Operating cash flow 12.8x 21.3x 14.6x
P/S 2.1x 4.5x 3.1x
P/B 4.5x 4.9x 2.6x
P/Tangible book -16.8x 6.4x 3.6x
EV/EBITDA 14.1x 19.1x 14.0x
EV/EBIT 25.0x 23.3x 18.8x
EV/Revenue 2.5x 5.0x 3.7x
EV/FCF 15.4x 27.4x 21.6x
EV/Operating cash flow 15.0x 23.3x 17.3x
PEG (3Y EPS CAGR) 0.62 2.85 0.30

Growth

14 metrics
MetricBVSSYKBSX
Revenue growth (1Y) 3.1% 8.5% 13.5%
Revenue CAGR (3Y) 4.4% 9.9% 16.1%
Gross profit growth (1Y) 4.7% 9.9% 16.3%
Gross profit CAGR (3Y) 7.5% 11.2% 16.4%
Operating income growth (1Y) 68.5% 53.0% 31.9%
Operating income CAGR (3Y) 31.2% 18.5% 31.5%
Net income growth (1Y) 12,370% 27.8% 46.9%
Net income CAGR (3Y) 29.4% 11.2% 59.0%
EPS growth (1Y) 7,309% 27.9% 48.6%
EPS CAGR (3Y) 29.5% 11.0% 61.5%
Operating cash flow growth (1Y) 167.3% 15.9% 5.7%
Operating cash flow CAGR (3Y) 69.2% 22.2% 28.7%
Free cash flow growth (1Y) 176.5% 16.8% 4.0%
Free cash flow CAGR (3Y) 71.9% 24.8% 33.9%

Profitability

14 metrics
MetricBVSSYKBSX
Gross margin 68.7% 65.0% 69.9%
EBITDA margin 17.8% 26.1% 26.5%
Operating margin 10.0% 21.4% 19.8%
Pretax margin 6.6% 19.9% 18.4%
Net margin 9.4% 14.4% 17.5%
FCF margin 16.2% 18.2% 17.3%
Operating cash flow margin 16.6% 21.4% 21.6%
Return on equity 24.0% -3.9% 14.3%
Return on assets 9.3% -1.9% 8.2%
Return on invested capital 11.3% 10.5% 10.5%
Return on capital employed 11.4% 13.7% 10.8%
Asset turnover 0.9x 0.5x 0.5x
Cash conversion (OCF / net income) 1.6x 1.5x 1.2x
Stock comp / revenue 2.6% 1.0% 1.5%

Financial Health

11 metrics
MetricBVSSYKBSX
Debt / assets 36.9% 31.2% 27.9%
Debt / equity 0.9x 0.6x 0.5x
Net debt / EBITDA 2.1x 1.7x 2.2x
Debt / FCF 2.6x 3.2x 3.5x
Liabilities / assets 58.8% 50.0% 44.3%
Equity / assets 41.2% 50.0% 55.7%
Interest coverage – 9.5x 11.4x
Current ratio 1.7x 2.2x 1.2x
Quick ratio 1.1x 1.1x 0.6x
Cash ratio 0.2x 0.5x 0.1x
Altman Z-score 2.59 4.70 3.03

Shareholder Returns

7 metrics
MetricBVSSYKBSX
Dividend yield – 1.1% –
Net buyback yield -0.1% – -0.3%
Shareholder yield -0.1% 1.1% -0.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBVSSYKBSX
Forward P/E 19.6xFY2026 19.3xFY2026 14.6xFY2026
EPS, next fiscal year $0.75FY2026 $15.91FY2026 $3.12FY2026
EPS growth, next FY +10.3%FY2026 +16.7%FY2026 +2.0%FY2026
EPS growth, the year after +30.7% +2.5% +14.7%
Revenue, next fiscal year $632.22MFY2026 $26.14BFY2026 $20.67BFY2026
Revenue growth, next FY +11.3%FY2026 +4.1%FY2026 +3.0%FY2026
Revenue growth, the year after -2.6% +18.2% +1.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBVSSYKBSX
Held by institutions 78.9% 80.3% 90.5%
Institutions holding 156 2,263 1,481
Change in shares held, QoQ +5.8% +3.2% -0.7%
Institutions buying 101 1,102 738
Institutions selling 37 851 610
Buyers to sellers 2.73 1.29 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BVSSYKBSX
BVS 1.00 0.33 0.20
SYK 0.33 1.00 0.41
BSX 0.20 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BVS, SYK and BSX?

Stryker (SYK) is the largest by market capitalisation: Bioventus (BVS) $976.64M, Stryker (SYK) $115.68B, Boston Scientific (BSX) $66.09B.

Which stock is cheaper, BVS, SYK and BSX?

Bioventus (BVS) trades on the lowest price-to-earnings ratio (Bioventus (BVS) 17.9x, Stryker (SYK) 31.0x, Boston Scientific (BSX) 18.0x). On next year's consensus earnings, Boston Scientific (BSX) is cheapest (Bioventus (BVS) 19.6x, Stryker (SYK) 19.3x, Boston Scientific (BSX) 14.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Boston Scientific (BSX) grew revenue fastest over the trailing twelve months: Bioventus (BVS) +3.1%, Stryker (SYK) +8.5%, Boston Scientific (BSX) +13.5%.

Which company is more profitable?

Boston Scientific (BSX) has the highest net margin (Bioventus (BVS) 9.4%, Stryker (SYK) 14.4%, Boston Scientific (BSX) 17.5%). On return on invested capital, Bioventus (BVS) leads (Bioventus (BVS) 11.3%, Stryker (SYK) 10.5%, Boston Scientific (BSX) 10.5%).

Which stock has performed better?

Over the past year Bioventus (BVS) returned the most: Bioventus (BVS) +112.1%, Stryker (SYK) -19.8%, Boston Scientific (BSX) -54.9%. Over five years, Stryker (SYK) compounded fastest (Bioventus (BVS) -0.3%/yr, Stryker (SYK) +2.7%/yr, Boston Scientific (BSX) +0.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Stryker (SYK) has been the steadiest (Bioventus (BVS) 50.8%, Stryker (SYK) 30.6%, Boston Scientific (BSX) 40.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BVS, SYK and BSX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Stryker (SYK) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.